Technically, I am bearish on GBPUSD as there is formation of rising wedge pattern in a daily chart along with negative divergence which is drawn by joining Higher highs and higher lows of CCI & RSI. STOP LOSS - 1.34176 and TAKE PROFIT - 1.24100 Before placing short position, make sure RSI sustains below 14-day Moving average. {image}

So there some basic changes in pair behaviour, not jumping at random crazily with whatever the news today. So pa may come to play with reality! Ok let it give one last chance bull at 3140/20 arounds for previous top or more if any possible yet before tanking real start for medium term!! Let see Friday action, mixed apparently. No decision weekend but clearer. Take care

So it must go all yes yes line, try negotiate if can bag some undue advantages never ever possible continue the same activities after the divorce and as all in trouble so to settle also!
The Uk parlament is not following the people referendum, better they go to people again and if again yes for brexit, immediatey comply without parlament or go for general election to have new sets of parlament members may follows and represent people.
Actualy they should go the international court for the solution!!

Anyway as of last try for the crazy bull, raising chances from 3140/20 to 3170/60 for today, brlow 3120 difficult to bull effectively and bull try range actually go to 3003.

{quote} So it must go all yes yes line, try negotiate if can bag some undue advantages never ever possible continue the same activities after the divorce and as all in trouble so to settle also! The Uk parlament is not following the people referendum, better they go to people again and if again yes for brexit, immediatey comply without parlament or go for general election to have new sets of parlament members may follows and represent people. Actualy they should go the international court for the solution!! Anyway as of last try for the crazy bull,...

Ignored

i prefer to long EurGbp for today..i wish GU drop but direction looks not so clear to me for now..

The GBPUSD pair seems to have formed a rising wedge pattern on the daily chart. Initially the pair can edge up to the level of 1.3300 which acts as a strong resistance for the pair although formation of the rising wedge patterns can induce selling in the pair taking it to the 1.3195 level. Move below the mentioned level can further accelerate selling up to the 1.3000 mark.